ARPA Crypto surged over 43% in the past 24 hours, becoming the top gainer among the top 500 cryptocurrencies.
ARPA crypto saw a 43% price surge in the last 24 hours, with its market capitalization now exceeding $91 million.ARPAAlthough there have been corrections in the last 24 hours, the asset maintains the top spot among the top 500 crypto assets with the largest market capitalization.In the past 24 hours, ARPA crypto has risen to become the top-performing asset, according toThis impressive increase has boosted its market capitalization to over $91 million.
This correction may indicate the start of a consolidation phase or a pullback before another potential price surge.Also, it was trading well above its 50-day moving average, around $0.0413 at press time, signaling that the bullish momentum had driven prices higher.However, this swift price movement has raised concerns that the rally may have been overextended, as momentum indicators suggest a pause could be imminent.The Relative Strength Index for ARPA was 74.
Additionally, the Average True Range , which measures market volatility, has surged to 0.0053, reflecting heightened volatility in recent sessions. On the downside, immediate support can be found near $0.0548, with a stronger support level around the 50-day moving average at $0.0413.
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